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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Makowiec who wrote (1634)	12/15/1997 10:40:00 PM
From: david thor	Read Replies (1) \| Respond to of 5650

<How much does Amerindo have left? > Rich, I don't have my Bloomberg password handy, but I believe that's where I saw what Amerindo still held. Anyway, it's tough for me to figure a value for PSINet versus other large ISP's - because each ISP has a particular emphasis and regardless of what I read here, it would be difficult for me to just simply recommend one of the other companies - Mindspring, etc. - as an alternative. Time will tell, investment in and spending on the internet is growing at a rate that is perhaps difficult to measure, PSINet's been investing overseas and so I'm not going to do anything with my shares until after next quarter.As long as they can stabilize their "cash burn", I'll stay in, but I'm more wary of companies that cannot reign in expenses , or expend money in what might be ill-advised ventures. There just isn't enough bad news about PSINet to make me want to sell. I realize the eroding stock price is more than enough to cause others to bail, but I need a little more convincing. Thoughts? Dave